The Coca-Cola Company wins the “ACE” Award for third time
In a virtual ceremony late last week, the U.S. Department of State announced the winners of its annual “ACE” Award (Award for Corporate Excellence) honoring U.S.-based companies, large and small, for their exemplary corporate responsibility efforts. U.S. State Undersecretary for Economic Growth, Energy and the Environment Keith Krach and Assistant Secretary for Economic and Business Affairs Manisha Singh, both friends of USCIB and of American business, led the ceremony. And for the fifteenth time in the twenty-one years that State has been presenting the ACE Awards, a USCIB member company has won in the large company category.
This year, the winner in the women’s Economic Empowerment category is Coca-Cola Azerbaijan for its business training program targeting rural women entrepreneurs, advancing women-led businesses in the tourism sector and promoting entrepreneurship among young women throughout Azerbaijan.
U.S. companies are nominated for the awards by the local U.S. Ambassador. This is the third time Coca-Cola has won the ACE Award – Coca-Cola Philippines (2014) and Coca-Cola Egypt (2002).
Last year, two other great USCIB member companies, PepsiCo and Proctor and Gamble won the award.
“We are delighted to see, again this year, a USCIB company among the select group of winners of the State Department’s Award for corporate Excellence,” said USCIB President and CEO Peter Robinson. “Year in and year out, USCIB member companies are winning awards and setting pace for corporate responsibility here at home in the U.S. and around the world. Our member companies are showing the way with best practices in a wide range of important areas – environmental stewardship and sustainability, empowering women and underrepresented communities, promoting staff development and improving lives in local communities. Coca-Cola has long been seen as a global leader in these areas and I heartily congratulate them. But they are not alone; many USCIB companies are doing incredible, creative things in the corporate responsibly area around the world.”